Courtesy of Alecia Scott, Long & Foster Real Estate, Inc. alecia@soldbyscottteam.com
Property Description
Rare Development Opportunity in Prime Olney Residential Location! This unique offering includes both an R200-zoned parcel of land and a charming Cape Cod-style home, providing an ideal investment/development opportunity. Together, these parcels – one with a single-family home & Detached Garage built in 1957 and the other as additional land – offer a total of 2.98 acres (1.5 acres + 1.48 acres) potential for 5 total lot subdivision. Existing Home Features: Living Space: 1,818 sq. ft. above grade, Unfinished Basement:1,511 sq. ft. with mechanical storage and laundry area, Bedrooms: 4 total (2 on the main level, 2 on the upper level) Bathrooms: 2 full bathrooms (one on each level) Additional Spaces: Living room, dining room, family room, and an enclosed rear porch Side Porch & Deck (decking requires replacement; please exercise caution when viewing) Detached two-car garage for added convenience, Brick and vinyl siding, Gutters & Downspouts: Aluminum, Windows: Metal double-hung. HOME & LAND SOLD STRICTLY AS IS Public water and sewer is on the street, buyer is responsible for any further future development process & utilities connections fees associated with the purchase . Don’t miss this opportunity to invest in a versatile property in a desirable Olney location! Cross listed in Land Bright id #MDMC2155798 FIRST OPEN HOUSE 11/17/24 12-2PM.
Open House
Property Details and Features
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Basement
- Connecting Stairway
- Unfinished
- Sump Pump
- Walkout Stairs
- Water Proofing System
- Workshop
-
Bathrooms
- 2 total bathrooms
- 1 bathroom on all upper levels
- 2 full bathrooms
- 1 full bathroom on main level
-
Bedrooms
- 2 bedrooms on upper levels
- 4 bedrooms
- 2 bedrooms on main level
-
Building
- 2,327 sqft living area
- 2,327 sqft above grade (finished)
- 1,628 sqft below grade (unfinished)
- Built in 1957
- Structure Type: Detached
- Wall & Ceiling Types: Plaster Walls
- 3 levels
- Cape Cod
- Colonial
- Brick
-
Cooling
- Electric
- Ductless/Mini-Split
-
Fees
- Front Foot Fee Pymt Freq: Annually
-
Fireplaces
- 2 fireplaces
-
Floors
- Carpet
- Hardwood
-
Foundation
- Block
-
Garage
- 2 garage spaces
-
Heating
- Natural Gas
- 90% Forced Air
-
Interior Features
- Dining Area
- Floor Plan – Traditional
- Kitchen – Galley
- Wood Floors
- Family Room Off Kitchen
-
Listing
- First day on market
- $516 per sqft
- Property SubType: Single Family Residential
-
Location
- County: Montgomery
- Location Type: Suburban
- Subdivision: Olney Outside
-
Lot
- 65,340 sqft
- 1.5 acres
- Front Yard
- Level
- Rear Yard
- Road Frontage
- Subdivision Possible
- Additional Lot(s)
-
Property
- Other Structures: Above Grade,Below Grade
-
Roof
- Asphalt
-
Schools
- School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
- Elementary School: BELMONT
- Middle School: ROSA M. PARKS
- High School: SHERWOOD
-
Sewer
- Public Sewer
-
Taxes
- City/Town Tax Pymnt Freq: Annually
- County Tax: $5,186
- County Tax Pymnt Freq: Annually
- Tax Annual Amount: $5,838
- Tax Year: 2024
-
Utilities
- Hot Water: Natural Gas
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This content last updated on November 15, 2024 2:02PM.